ArifHasbollah

FCPO 21 Sept 2021 : Trade False Breakout

Long
MYX:FCPO1!   Crude Palm Oil Futures
1. Yesterday's price has a large downside movement up to 200tick.
2. Yesterday's price close with bearish CS.
3. Today price open below the 1st support area and the price closes back inside the range close the gap.
4. False breakout trade still valid as long as the price trade above the support area.

As an intraday trader, monitor any rejection at 15min TF.

"Trade at your own risk"
Comment:
Comment:
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.